78720
Austin, Texas
Austin 78720 needs watching.
The 78720 ZIP code in Austin, Texas has a median sale price of $210K, down N/A year-over-year. Homes spend an average of 35 days on market, with 0% of homes selling above list price.
Folio's PropIQ™ score of 37 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 78720.
The 78720 market shows stagnation with a median sale price of $210,000 holding flat year-over-year, signaling zero appreciation in the past twelve months. Properties are moving in 35 days on average, a reasonable pace but accompanied by a critical indicator: no homes are selling above list price. This complete absence of competitive bidding reveals weak buyer demand and eliminates any pricing power for sellers, creating a market where negotiations consistently favor purchasers willing to wait.
This environment advantages patient buyers with financing already secured, particularly those seeking entry-level properties at the $210,000 price point without competitive pressure. The 0% above-ask statistic means buyers can safely offer at or below listing prices with reasonable expectations of acceptance. Investors seeking cash flow should find motivated sellers, though the flat appreciation warns against speculative plays banking on near-term value increases. Sellers face the weakest position in this configuration and should avoid listing unless absolutely necessary.
The PropIQ score of 37 out of 100 signals caution and suggests underlying structural weakness beyond current metrics. This score typically precedes either continued price stagnation or potential decline if buyer demand deteriorates further from current levels. Monitor monthly sales volume and any increase in days-on-market beyond the current 35-day average, as these would confirm downward momentum. The absence of appreciation despite broader Austin growth patterns indicates localized constraints worth investigating before committing capital.
What is the median home price in 78720 Austin?
The median sale price in 78720 is $210K, down N/A year-over-year as of 2026-02-28.
How long do homes stay on the market in Austin 78720?
Homes in 78720 Austin spend an average of 35 days on market before going under contract.
Is Austin 78720 a good place to invest in real estate?
Folio's PropIQ™ score for 78720 is 37/100 — a Caution signal. 0% of homes sold above asking.
What does a PropIQ™ score of 37 mean for 78720?
PropIQ™ is Folio's proprietary market score combining price momentum, days-on-market velocity, inventory absorption, and investment signals into a 0–100 number. Score of 37 = Caution in 78720 Austin, Texas.